by Tyler Durden Deutsche Bank’s war of words with the ECB is not new: it was first unveiled in February when, as we wrote at the time “A Wounded Deutsche Bank Lashed Out At Central […]
Mac Slavo These are truly unprecedented times. Central bankers have never had more power; monetary policy has never been stranger. Stock markets are at record highs, but the real economy is stagnate and suffering. The […]
by Tyler Durden Defined Benefit Pension Plans are, in many cases, a ponzi scheme. Current assets are used to pay current claims in full in spite of insufficient funding to pay future liabilities… classic Ponzi. […]
by Raúl Ilargi Meijer With the Bank of England about to announce its latest set of desperate measures today, the first since the Brexit, I accidentally stumbled upon an article I wrote on January 16 […]
Tyler Durden’s picture by Tyler Durden While we here in the United States debate pressing issues in the wake of the upcoming Presidential election, like the urgent need for gender-neutral bathrooms, the people of Venezuela […]
By Michael Snyder The biggest and most important bank in the biggest and most important country in Europe continues to implode right in front of our eyes. If you follow my work regularly, you probably […]
In the sound money community it’s generally understood that abandoning the last vestige of the gold standard in 1971 gave major countries effectively-unlimited credit cards – which corrupted them irredeemably. Now – with government bonds […]
Financial watchdog website Zero Hedge reported on Sunday that the Dutch bank ABN-Amro will soon be rolling out negative interest rates. Quoting the NLtimes.nl article as it’s source, ABN Amro business clients may soon feel […]
by Tyler Durden Once again – ahead of the G-20 meetings – China’s currency mysteriously abated its incessant plunge suggesting ‘stability’. As Bloomberg notes, history shows that the Chinese currency usually strengthens ahead of […]
July 20, 2016 | Author Pater Tenebrarum Chopper Pilot Descends on Nippon Readers are probably aware of recent events in Japan, the global laboratory for interventionist experiments. The theories of assorted fiscal and monetary cranks […]
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